HDFC Bank MoneyBack+ credit card review: fees, rewards and eligibility
The HDFC Bank MoneyBack+ has a recorded annual fee of ₹500 plus GST and a base earn of 2 CashPoints per ₹200 on eligible spends. CardMasters checked its issuer terms on 2026-08-01. Affiliate commission never changes ranking; confirm final terms and approval with HDFC Bank.
HDFC Bank MoneyBack+: short answer
The HDFC Bank MoneyBack+ is in the entry tier of HDFC Bank credit cards, with a joining fee of ₹500, an annual fee of ₹500 plus GST (waived on ₹50,000 of eligible annual spend), a base earn of 2 CashPoints per ₹200 on eligible spends and a 3.5% forex markup. Rewards are not earned on fuel, rent, wallet load, emi, govt. It suits first card, online shopping, low spender spending; whether it beats a card you already hold depends on your own spend mix and redemption choices.
Source: CardMasters issuer-evidence catalogue, release 2026-08-01. Confirm final terms with the issuer.
Reward structure
2 CashPoints per ₹200 on eligible spends
- 20 CashPoints per ₹200, capped at 2,500 CashPoints/month on Amazon/Flipkart/Swiggy/BigBasket/Reliance Smart SuperStore (2,500 points monthly cap) — This merchant-specific earn is not mapped to generic online or grocery spend. At the liquid statement-credit value it is 2% before redemption fees; HDFC's 2.5% headline uses the higher catalogue/travel value.
Eligibility and important limits
published monthly income floor ₹20,000 HDFC publishes a ₹20,000 monthly salary indicator and says a healthy score is required, but it does not publish a hard bureau-score cutoff for approval. Approval remains solely at the issuer’s discretion.
Does not earn: fuel, rent, wallet load, emi, govt, cash advance.
Important limit: Only transactions of ₹200 or multiples of ₹200 earn CashPoints.
Frequently asked questions
What is the annual fee for the HDFC Bank MoneyBack+?
The published annual fee in our current record is ₹500 plus applicable GST. It can be waived after ₹50,000 of eligible annual spend, subject to issuer terms.
How do rewards work on the HDFC Bank MoneyBack+?
2 CashPoints per ₹200 on eligible spends. Accelerated routes include 20 CashPoints per ₹200, capped at 2,500 CashPoints/month on Amazon/Flipkart/Swiggy/BigBasket/Reliance Smart SuperStore (2,500 points monthly cap). Reward value depends on the eligible transaction route and redemption method.
Which transactions do not earn rewards on the HDFC Bank MoneyBack+?
The current issuer-sourced exclusions recorded by CardMasters include fuel, rent, wallet load, emi, govt, cash advance. Merchant category coding and issuer terms determine final eligibility.
Who should consider the HDFC Bank MoneyBack+?
It is most relevant for people focused on first card, online shopping, low spender. Whether it improves your wallet still depends on your actual spending, existing cards, fees and redemption choices.
Is the HDFC Bank MoneyBack+ worth it?
It is worth holding only when the rewards and benefits you will genuinely use exceed ₹500 plus GST each year. The fee is waived at ₹50,000 of eligible annual spend, so check whether you reach that without forcing spend. Value the rewards at a realistic redemption rate, not the issuer's best-case example.
What is the eligibility for the HDFC Bank MoneyBack+?
The published monthly income floor is ₹20,000. HDFC publishes a ₹20,000 monthly salary indicator and says a healthy score is required, but it does not publish a hard bureau-score cutoff for approval. Approval, credit limit and final pricing are decided solely by the issuer.
What is the forex markup on the HDFC Bank MoneyBack+?
The recorded foreign-currency markup is 3.5% before GST. On ₹1,00,000 of international spend that is about ₹3,500 in markup, so compare it against any rewards earned on overseas transactions.
Does the HDFC Bank MoneyBack+ offer airport lounge access?
Domestic lounge access: none. International lounge access: none. Spend conditions and guest charges are set by the issuer and can change.